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lmfao DOJ flip-flop on crypto rules??! 🤡📉 no chill on the FUD rollercoaster, just H
whew DoJ showing some love to crypto devs? 🚀 Is this the start of a bull run or just a pump n dump?
pattern: DoJ softens stance on financial issues for developers in crypto, shifting focus to serious crimes like fraud, signaling a move towards a more innovation
In a significant shift, the United States Department of Justice (DoJ) announced it would no longer pursue certain financial issues against developers and crypto platforms without clear criminal intent. This change aims to promote innovation in the crypto industry amid increasing pressure. Prosecutors are now directed to focus on cases involving fraud or illicit activities rather than regulatory charges. This shift has been positively received by industry stakeholders, potentially boosting institutional adoption of DEFI. 🚀
The revised approach by the DoJ marks a departure from previous aggressive tactics, emphasizing a focus on serious crimes like fraud and terrorism financing. This change aims to reduce the chilling effect on developers and protect them from user actions on platforms. While the DoJ remains vigilant against money laundering, this shift signals a more practical and innovation-friendly stance toward crypto regulation. 🛡️
https://altcoin.observer/doj-softens-crypto-rules-for-developers-stimulates-innovation-in-trump-under-trump/
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